• 37305 Highway 1 Monterey, CA 93940

  • $5,500,000
  • 1
    Bed(s)
  • 1
    Baths
  • 1,221
    Sq Ft
  • 676922
    Sqft
  • Listed By: Malone Hodges, Carmel Realty Company, DRE #01471087
  • Source: CRMLS

Just past Palo Colorado Road on Highway 1, sits over 15 acres of iconic Big Sur coastline, pastureland and the old Palo Colorado Canyon schoolhouse. Land seeped in history and the subject of countless illustrations. On the south property line, you will find Notleys Landing, an old port used to transport tanbark and liquor during the prohibition. In the 30s, the coastal pasture land became the center of Big Sur cattle ranching and still feeds cattle on it a century later. The schoolhouse was built in 1938 but closed 30 years later, serving 21 students. While the building has been transformed into a quaint one bedroom, one and half bathroom rental, the 1,221 square foot schoolhouse maintains its rustic charm with open beamed ceilings, a free standing fireplace and a line of windows that take in the stunning views. Big Sur has its way of filling both heart and soul and this is a once in a life time opportunity to own a piece of California history.

Property Type :

Residential

County :

Monterey

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 1

Bathroom Information

Total Baths: 1

Full Baths: 1

Interior Features

Roof : Composition

Interior Features: Utility Room

Property Appliances: Refrigerator

Fireplace: Insert,Living Room,Wood Burning Stove

Flooring: Tile,Wood

Cooling Features

None

Air Conditioning

Heating Source

Fireplace(s),Wall Furnace

Has Heating

Fireplace

Fireplace Features: Insert,Living Room,Wood Burning Stove

Has Fireplace: 1

Building Information

Year Built: 1938

Construction: Stucco

Roof: Composition

Fencing

Partial

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 15.54

Lot Size Source: Assessor

Lot Size Square Feet: 676922

Listing Price Information

Original List Price: 5,500,000

Listing Contract Date: 2024-03-26

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 243262007000

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 699 - Not Defined

Directions: Cross Street: Palo Colorado

Zoning: WSC/40-D(CZ)

Source Property Type: Residential

Area: 699 - Not Defined

Property SubType: Single Family Residence

Building and Construction

Property Age: 86

Common Walls: No Common Walls

Structure Type: Single Family Residence

Year Built Source: Other

Total Square Feet Living: 1221

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7567 Paseo Vista, Monterey, CA,93940 $1,499,000 -- -- -- 144619 Sqft
7415 Alturas Court, Monterey, CA,93940 $619,000 -- -- -- 138085 Sqft
120 Carmelito Avenue, Monterey, CA,93940 $3,850,000 9 7 4,389 17043 Sqft
120 Carmelito Avenue, Monterey, CA,93940 $3,850,000 -- -- 4,389 17043 Sqft
1430 Munras Avenue, Monterey, CA,93940 $950,000 2 2 1,148 9583 Sqft
202 Pasadera Drive, Monterey, CA,93940 $895,000 -- -- -- 55196 Sqft
116 Via Del Milagro, Monterey, CA,93940 $4,595,000 5 5 6,768 27190 Sqft
414 Del Rosa Avenue, Monterey, CA,93940 $754,000 2 1 1,121 6098 Sqft
31 Via Castanada, Monterey, CA,93940 $1,150,000 3 3 1,664 9148 Sqft
930 Madison Street, Monterey, CA,93940 $150,000 -- -- -- 4000 Sqft

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ByOwner last updated this listing 04/29/2024 @ 07:21

MLS: ML81958955
LISTED BY: Malone Hodges, Carmel Realty Company
SOURCE: CRMLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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